Sungrow Liquid Cooled ESS PowerStack for C&I Market
Energy storage in the commercial and industrial (C&I) sector is poised for significant growth over the next decade, with the U.S. forecast to be one of the largest incremental markets.
Among factors driving this growth is the rising popularity of renewable energy, which tends to come with a degree of volatility and intermittence, carrying potential risks and operational concerns for the grid. The combination of energy storage with renewables contributes significantly to risk mitigation and grid stability. Power outages caused by natural disasters and supply-demand imbalances can also bring about substantial economic losses, with an ESS playing a big part in the increased interest in establishing backup power.
Equally, electricity costs for the C&I sector in the U.S. are relatively high. Driven by incentives,…